The National Association of State Boards of Accountancy (NASBA) has announced the adoption of a highly anticipated amendment to the Uniform Accountancy Act (UAA) Model Rules affecting the Uniform CPA Exam.
Since 2004, candidates for the CPA Exam have had 18 months to complete the remaining 3 parts of the Exam upon the passing of the first part. On April 21, 2023, the NASBA Board of Directors voted for candidates to now have 30 months to complete the CPA Exam. This gives candidates another year to complete the CPA Exam requirements.
The UAA Model Rules have no effect on state board rules. While uniformity is encouraged, each state board can choose to adopt this amendment or not. Current candidates for the CPA Exam remain under the existing rules until, if and when, the board to which they applied for makes the change.
Both Illinois and Missouri State Boards of Accountancy have not yet adopted this amendment.
For more information, please read NASBA’s press release: here
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